Dialight Share Discussion Threads

[bountyhunter] 10/6/2015 18:13

no need to feel sorry for me I'm 7%+ up on the day but I do feel for those who've suffered as a result of today's news, as for £3 that's just a wild guess and there's no indication of any fundraising in any case, when the strategic review has been completed they may just scale back on expansion plans for now or as someone else suggested could put themselves up for sale but that's just a wild guess as well

[kmann] 10/6/2015 18:01

Sorry for you guys, the bod let you down, the last update raised doubts, but was not expecting that statement. Thers obviously been a tesco moment by the last ceo. Might be a fund raise so dont rule out 300p imo.

[beeezzz] 10/6/2015 16:58

That was the encouraging paragraph, so maybe not all doom and gloom, still holding so lets hope so.

[bountyhunter] 10/6/2015 16:24

yes I did consider that, but on the other hand with a new chief exec just appointed it could be a case of get all the bad news out in one go, from your link: "Mr Sutsko may also have decided to do a ‘kitchen sink’ update. By getting all the bad news out at the start of his tenure, he should improve his chances of delivering growth and a rising share price from now on."

[beeezzz] 10/6/2015 15:06

Diku....So true....had over 400% at one time, greed greed greed, I must stop being so greedy. Brought in under £2 when NT was trumpeting this company, wonder what he thinks now. This is what happens when you have high PE and very little liquidity few sells hit the share price hard, it not all back news. hTTps://www.fool.co.uk/investing/2015/06/10/should-you-buy-or-sell-dialight-plc-after-falling-by-a-third-today/ You know what they say about profit warnings they come in !!!!!!!!!!

[diku] 10/6/2015 14:40

Morale of the story is anybody who bought around 300p should have sold any price above 1000p....buy and hold forever is out of window....

[madigansar] 10/6/2015 14:38

This was on my watchlist as Faraday are tipping it as a buy. Glad I didn't take a stake!

[bountyhunter] 10/6/2015 14:31

73% will do nicely; I think I am fortunate that I didn't buy back in earlier though.

[beeezzz] 10/6/2015 13:00

Many shareholders with stop loss positions will be dismayed when they loose their holdings cheap, 30% drop will have wiped most out....

[beeezzz] 10/6/2015 12:52

Bounty...at least all the brokers are issuing buy rates with 70% upside...I'm waiting now until results are released see what damage there is. Still holding a few. hTTp://www.directorstalkinterviews.com/dialight-plc-73-1-potential-upside-indicated-by-canaccord-genuity/412666271

[bountyhunter] 10/6/2015 12:39

I wouldn't disagree with that jeffian but that possibility could also offer a decent return from this level. beeezzz I understand your sentiment but with the strategic review things may change for the better, ...on the other hand I could be wrong of course ...only time will tell! I don't think a cash call would be received well by current investors who have just taken this hit if aimed at them.

[beeezzz] 10/6/2015 12:25

Well we could see a cash call, only 30m shares in issue, not checked if new shorts have been placed. They have over stretched themselves increasing production facilities all around the world which has obviously back fired with demand dropping left with infantry. bountyhunter....... I'd be wary of this management now, they seem to have taken their eye off the ball, whether they are fit and proper is up for debate.

[jeffian] 10/6/2015 11:48

Not sure about that, bountyhunter. In my experience, a "strategic review" is often managementspeak for 'should we put ourselves up for sale?'.

[bountyhunter] 10/6/2015 11:29

back in this morning having got out ages ago; good product huge market, in the long run drop overdone imho fwiw! I'm relying on management sorting out cash flow post strategic review. "The Board remains convinced of the longer term prospects for the Group and it expects to update the market with the findings of this review in the autumn."

[jeffian] 10/6/2015 11:22

Who, me? Just watch the cash, mate. It's been disappearing at a rate of knots while the company was 'profitable'. I imagine it'll be worse now.

[beeezzz] 10/6/2015 11:14

Yep very disappointing. Management really need to take a good look at where this company is going, the market is huge and they are not taking advantage of that, another British company under performing. More by luck than judgement I off loaded 2/3 of my holding a couple weeks ago @747p wish I'd sold the lot, although still in profit. I'll wait for results to see how to play this one. Come on Jeff give us your insight I need cheering up.

[v16ter] 10/6/2015 10:36

Good call itchy, I sold mine a while a go thank f::k.

[itchycrack] 10/6/2015 09:52

Well well well, I told you this was a dog! Massive pay day on this one today!! Will likely sink much lower from here! Rock and roll! WOOF! WOOF! :-) :-) :-)

[bulltradept] 10/6/2015 08:56

:-) It was a fairly easy call given the issues over the last couple of years, Mr Market was always going to punish DIA for this.

[balbains324] 10/6/2015 08:47

I'll have the lottery numbers for tonight as well if you can

[bulltradept] 10/6/2015 08:06

I was right!

[pugugly] 10/6/2015 08:02

Level 2 looking horrible approx 600 before uncrossing.

[bulltradept] 10/6/2015 08:01

Buy below £5.00?

[pugugly] 10/6/2015 07:52

Very discouraging update - From being a market leader DIA mangement seem to have fumbled badly. "a number of operational inefficiencies" "a slowdown in the rate of orders in the Lighting segment in both the US and Europe which is likely to result in a shortfall in full year revenue. " " profit for 2015 will be significantly below expectations " I disagree with the board opinion that "reduction in orders is linked in part to a slowdown in the oil and gas sector." This seems to be the standard excuse these days for most companies which fail to meet expectations - It is the old British Rail and successors excuse of - leaves on the line - the wrong type of snow etc.. From an investors position the question is how much is already in the price - not enough imo - Will the share price test previous lows - Significant chance - imo -